The Kennedy Half Dollar, introduced in 1964 to honor President John F. Kennedy, has become a significant piece for collectors, especially those minted in silver. Certain rare specimens have fetched impressive sums at auctions, with some exceeding $100,000. Here are the top five silver Kennedy Half Dollars that have achieved such remarkable prices:
1. 1964 Special Mint Set (SMS) SP68 Kennedy Half Dollar
In 1964, the U.S. Mint produced a limited number of Special Mint Set (SMS) Kennedy Half Dollars, distinct from regular proofs due to their unique satiny finish and sharp details. These coins are exceptionally rare, with only a handful known to exist. One such coin, graded SP68, achieved a record auction price of $156,000.
2. 1964 SMS SP67+ Kennedy Half Dollar
Another example from the elusive 1964 SMS series, this coin stands out for its pristine condition and sharp strike. Graded SP67+, it garnered significant attention and was sold for $108,000 at auction.
3. 1964 SMS SP67 Kennedy Half Dollar
Continuing the prominence of the 1964 SMS coins, this specimen, graded SP67, showcases the exceptional quality of these special mint issues. It fetched an impressive $99,875 at auction, underscoring the desirability of these rare pieces among collectors.
4. 1964 Accented Hair Proof PF69 Deep Cameo Kennedy Half Dollar
The “Accented Hair” variety from 1964 is notable for the additional hair detail above Kennedy’s ear, a feature that was later modified. This particular coin, with a Deep Cameo finish and graded PF69, achieved a remarkable auction price of $45,600, reflecting its rarity and the demand for high-grade examples.
5. 1968-S Proof PF70 Deep Cameo Kennedy Half Dollar
The 1968-S proof marks the return of proof coinage for the Kennedy Half Dollar series, this time produced in San Francisco. This coin, with a perfect PF70 grade and Deep Cameo contrast, stands out for its flawless condition. It realized a substantial $24,000 at auction, highlighting the value of perfection in numismatics.
Below is a summary of these top five silver Kennedy Half Dollars and their notable auction prices:
| Year | Variety | Grade | Auction Price |
|---|---|---|---|
| 1964 | SMS SP68 | SP68 | $156,000 |
| 1964 | SMS SP67+ | SP67+ | $108,000 |
| 1964 | SMS SP67 | SP67 | $99,875 |
| 1964 | Accented Hair Proof PF69 DCAM | PF69 DCAM | $45,600 |
| 1968 | Proof PF70 Deep Cameo | PF70 DCAM | $24,000 |
Understanding the Value Factors
Several factors contribute to the high value of these Kennedy Half Dollars:
- Rarity: Coins like the 1964 SMS issues were produced in extremely limited quantities, making them highly sought after.
- Condition: Grades such as SP68 or PF70 indicate a coin in near-perfect or perfect condition, significantly increasing its value.
- Unique Features: Varieties like the “Accented Hair” have distinctive design elements that were only present for a short time, adding to their desirability.
- Historical Significance: As the first year of issue following President Kennedy’s assassination, 1964 coins hold particular historical importance.
Collecting Tips
For those interested in collecting Kennedy Half Dollars:
- Research: Familiarize yourself with the different varieties and their distinguishing features.
- Condition Assessment: Learn to evaluate a coin’s grade, as this greatly affects value.
- Professional Appraisal: Consider having potential high-value coins graded by a reputable service to authenticate and assess their condition.
- Market Trends: Stay informed about recent auction results and market demand to make informed purchasing or selling decisions.
The Kennedy Half Dollar series offers a fascinating glimpse into American numismatic history, with certain silver issues achieving extraordinary auction prices. Whether you’re a seasoned collector or a novice, understanding the factors that contribute to a coin’s value can enhance your collecting experience and potentially lead to discovering a hidden gem.
FAQs
What makes the 1964 SMS Kennedy Half Dollars so valuable?
The 1964 SMS (Special Mint Set) Kennedy Half Dollars are extremely rare, with only a few known to exist. Their unique finish and sharp details distinguish them from regular proofs, making them highly sought after by collectors.
How can I identify a 1964 Accented Hair Kennedy Half Dollar?
The “Accented Hair” variety features extra hair detail above Kennedy’s ear. Additionally, the lower left serif of the letter “I” in “LIBERTY” is weak or broken.
What does the grade PF70 Deep Cameo mean?
PF70 (Proof 70) denotes a coin in perfect condition with no imperfections. “Deep Cameo” refers to the coin’s finish, where the design elements have a frosted appearance, contrasting sharply with the mirror-like background.
